Merchants Mortgage & Trust for Missouri investors
Merchants Mortgage & Trust is a direct DSCR lender with a 660 minimum credit score, 0.75 minimum DSCR, and maximum 80% LTV. The company does not publish minimum/maximum loan size or state-coverage figures in the sources reviewed.
Missouri context
Missouri strong Midwest cash flow. St. Louis and KC dominant. Branson STR market.
How Merchants Mortgage & Trust positions in Missouri
Within Missouri, Merchants Mortgage & Trust competes alongside other DSCR lenders. Merchants Mortgage & Trust strengths: Direct DSCR lender, 660 minimum credit score. The high aggregate DSCR economics of Missouri create demand for Merchants Mortgage & Trust programs in St. Louis and Kansas City particularly.
City-level coverage in Missouri
Merchants Mortgage & Trust provides DSCR coverage across Missouri metros including St. Louis, Kansas City, and Springfield. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Merchants Mortgage & Trust program terms apply uniformly across Missouri metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| Missouri property tax | 1% |
| Missouri state income tax | 4.95% |
Merchants Mortgage & Trust strengths in Missouri
- Direct DSCR lender
- 660 minimum credit score
- 0.75 minimum DSCR
- Maximum 80% LTV
Ideal borrower: Investor with a 660+ credit score and at least 0.75 DSCR seeking a direct lender.
FAQ
Likely; verify direct Missouri coverage. Merchants Mortgage & Trust is based in an undisclosed location and operates in states not publicly disclosed.
St. Louis is the top investor market in Missouri and is generally within Merchants Mortgage & Trust states not publicly disclosed footprint. St. Louis property tax follows the Missouri state rate of 1 percent. Merchants Mortgage & Trust typically underwrites St. Louis acquisitions at standard rate sheets.
Yes. Kansas City ranks among the larger Missouri investor metros and sees consistent DSCR loan volume from Merchants Mortgage & Trust. Submarket variation within Kansas City matters for property selection.
Merchants Mortgage & Trust applies the same rate sheet across Missouri metros. Pricing variation comes from property-specific factors rather than metro location within the same state. St. Louis, Kansas City, and Springfield all qualify for the same Merchants Mortgage & Trust program.
Merchants Mortgage & Trust does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
Missouri strong Midwest cash flow. St. Louis and KC dominant. Branson STR market. Merchants Mortgage & Trust follows standard business-purpose loan structures.
Merchants Mortgage & Trust funds rental DSCR in Missouri.
Missouri allows standard DSCR prepay structures; Merchants Mortgage & Trust typically uses 3-5 year step down.
Merchants Mortgage & Trust typical close: Not publicly published.
Bottom line
Missouri investors considering Merchants Mortgage & Trust should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Merchants Mortgage & Trust.